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Portugal broadens network of DTTs to include 75 countries

In on August 11, 2016 by NEWCO

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Following publication during the past weeks of the treaties with Saudi Arabia, Oman, Vietnam and São Tomé and Príncipe, there are now 75 countries with which Portugal has signed a double taxation treaty.

Approval of these treaties with countries from three different regions – Middle East, Southeast Asia and Portuguese-speaking Africa – illustrates Portugal’s commitment to reinforcing its fiscal competitiveness and to creating better conditions for Portuguese companies, which are increasingly broadening their international activities to include different regions of the world.

The double tax treaties approved by Portugal are in accordance with the OECD Model Convention and include mechanisms for preventing tax fraud and tax evasion, in line with the recommendations of the relevant international and EU organisations.

The full list of DTTs signed by Portugal is available here.

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